Understanding the Risk, Reward And Viability of Overnight Funds

Understanding the Risk, Reward And Viability of Overnight Funds

Are you planning to start your investment journey but not sure what your risk appetite is? Or do you want to keep your quarterly bonus somewhere accessible before the next big Goa trip? Well, whatever maybe your financial plan, overnight funds may just be the right investment instrument for you. Why, you ask? This article has answers to all your questions. Read along to explore a new investment avenue perfect for different types of investors. What are overnight funds? Overnight funds are a short-term investment tool. SEBI refers to it as open-ended debt funds with a maturity period of one …

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